PowerUp Sponsor LLC - 18 Aug 2023 Form 4 Insider Report for PowerUp Acquisition Corp. (ASBP)

Role: 10%+ Owner
Signature: /s/ Gabriel Schillinger Name: Gabriel Schillinger Title: Managing Member
Issuer symbol: ASBP
Transactions as of: 18 Aug 2023
Net transactions value: $0
Form type: 4
Filing time: 22 Aug 2023, 17:29:01 UTC
Previous filing: 30 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PWUP	Class A Ordinary Shares, par value $0.0001	Sale		-4,317,500	-60%		2,870,000	18 Aug 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On August 18, 2023, the Reporting Person sold (i) 4,317,500 Class A ordinary shares, par value $0.0001, of PowerUp Acquisition Corp. (the "Issuer") and (ii) 6,834,333 private placement warrants of the Issuer for an aggregate purchase price of $1.00.